Answering Readers’ Questions…

Hi everyone, hope your holiday season is going well. It looks like the downward spiral is happening in the market as predicted, despite the time period which is generally characterstically low in movement either way during the week of solstice or yule, Christmas/Hanukkah. 

I just want to say that I read on some financial blog a reference to a statement I made about gold a while back. From what I could tell at the time via the cards there wasn’t a really strong constant direction up, and despite the fact that people turn to precious metals to invest in during recessions and depression, it didn’t look like it was going to go be a straight shoot upward, which I found confusing.

Anyway, I laughed out loud when someone called me an idiot, or something like that, because I said the market was too volatile at the time of the question to predict. And the person posted something like: that twit obviously knows nothing about the market.

So let me assure you I really do know nothing about the market which I have stated numerous times. All I go on here is astrology and whether things look bad for a company, or a stock, or good. If you ask me questions about anything abstract, or that I don’t have a chart for I can’t answer you because I’m not an economist. I’m a freaky artsy, psychic, astrologer not a business/economist type.

That being said of course people are worried about their money which I’m happy to help with, but with the caveat that everyone knows I am just a psychic and an astrologer. I foresaw the first market crash a couple of weeks before it happened because of my psychic ability, but this was a general, “Get out of the market!” sort of warning that was hammered into my skull from whatever or wherever these things come from. And I picked the word tsunami back then (which later Greenspan used to describe the situation) because it felt like it was going to pull back, and then flood us, not tear us down like a tornado in one fell swoop or shake everything to pieces in a matter of moments like an earthquake.

So here goes with questions. The first is more of a comment from Grace who did some research on the world economy, and I’d like to share her post with everyone:

grace43

The government of Beligum fell this weekend due to the financial crisis and suspected corruption. http://www.nineoclock.ro/index.php?page=detalii&categorie=worldnews&id=20081222-20320

Apparently, those corporate fat cats have learned nothing. AP IMPACT: Wall Street still flying corporate jets

http://news.yahoo.com/s/ap/20081221/ap_on_bi_ge/meltdown_corporate_jets

On verge of failure, bank executives collected financial bonanzas, AP study finds

http://www.chicagotribune.com/business/sns-ap-executive-bailouts,0,568377.story

This is not just happening in the US. In a few minutes search, I found dozens of articles from around the world where corporate fat cats accepted government money that they insisted they needed to continue operations are now using this money so they can have enormous bonuses and fly around in corporate jets playing golf with one another! These same people time and count their underlings bathroom breaks and dock them an hour’s pay if they are five minutes late! I can’t tell you how angry I feel thinking about this on so many levels. Obviously, it is good to be the king.

Andrew Rumsey

Will Lehman Brothers recover from their Chapter 11 of Title 11 Bankruptcy? Should I hold onto what shares I have and possibly buy more or should I sell my Lehman Brothers shares?

Hey Andrew,

Do you have an incorporation date or a start trading date for this company. I need the date, time and place and I can run a chart and let you know what I find. If you could research that for me I’ll be happy to let you know.

Also there were questions about FAZ, which I will get to later, but in the mean time can anyone explain to me what this is? You don’t need to go into too much detail, just give a basic run down, something to clarify what it is that I’m reading.

OK for now that is all. I have so much to do with the holidays as everyone does and my husband was out of town for two weeks, leaving me alone with a little baby so besides getting sick this past week, I’m way behind on everything.

Have a great holiday week.

Best wishes and many blessings to all of you,

Denise

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Answering Readers’ Questions…

4 thoughts on “Answering Readers’ Questions…

  1. anupam says:

    Can you tell me whether you can see a stock market rally in the coming January across the globe or it would show a downtrend again? I am from India.

  2. grace43 says:

    More evidence you were right, Denise –

    Wall Street stumbles on economic data, retail anxiety

    http://news.yahoo.com/s/nm/20081223/bs_nm/us_markets_stocks

    I don’t know if there’s a quote function, but here’s a quote from the above:

    With just five trading days remaining in the year, the broad S&P 500 is down more than 41 percent for the year. The annual decline is surpassed only by the 47.1 percent fall in 1931, when the country was mired in the Great Depression.

    Now for a question, will we see more suicides of the formerly wealthy in the coming year? Here’s why I ask:

    Madoff investor found dead of suicide
    http://news.yahoo.com/s/ap/20081223/ap_on_bi_ge/madoff_investor_suicide

    Quote:

    The founder of an investment fund that lost $1.4 billion with Bernard Madoff was discovered dead Tuesday after committing suicide at his Madison Avenue office, marking a grim turn in a scandal that has left investors around the world in financial ruin.

    Thanks in advance!

  3. Andrew Rumsey says:

    What do you mean by an incorporation date or a start trading date for this company? What exactly do you mean by a date, time and place ?

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